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A recent paper by Dollar and Kraay (2001) finds that higher primary educational attainment of the workforce does not increase the income of the poor except for its effect on average income. We test the robustness of their finding by using a broader measure of human capital that accounts for...
Persistent link: https://www.econbiz.de/10010314076
their allocative effects. Most repercussions can be expected to stem from the effects on the world markets for fossil fuel … scenario are to a large degree determined by its effects on world energy demand and world energy prices. Both findings imply … interaction between the permit market and the world energy markets. …
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Die Herausforderungen, die die Globalisierung an den Standort Deutschland stellt, haben in der öffentlichen und wirtschaftspolitischen Diskussion vielfältige Ängste ausgelöst. Vor allem wird befürchtet, dass die Globalisierung von Märkten, die sich in einer zunehmenden interindustriellen...
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Marginal abatement cost curves (MACCs) are a favorite instrument to analyze international emissions trading. This paper focusses on the question of how to define MACCs in a general equilibrium context where the global abatement level influences energy prices and in turn national MACCs. We...
Persistent link: https://www.econbiz.de/10010314165
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In the past few years permit trading has become a popular policy instrument to achieve emissions reductions or other environmental goals at minimal cost. There are already a number of existing regimes on firm as well as on national level in which permits for SO2, NOX and CO2 emissions but also...
Persistent link: https://www.econbiz.de/10010314194